Note- The average earnings of IIMs depend upon a lot of other external and internal factors- eg. which IIMs (A/B/C/L/K/I), which year of placement. The average can hover +-20% depending upon the macro economy, graduating year etc. . On a totally related, feel free to check out Impact MBA Scholars of GGI here- www.globalgovernanceinitiative.org/
In my opinion, IIMA B C are better than ISB. The brand value which IIMs have, can't be compared with ISB anyday. ISB is no doubt performing Exceptionally great but 2yrs of MBA which IIMs have the option to provide is giving it an extra edge over the ISB. Again the peer group which we get in ISB will be better than IIMs but again this is not justifiable when IIMs are giving the opportunity even to freshers.
@@myronp5764 IIMs are socially responsible body. They want everyone to give the same platform and opportunity after that it depends completely on the individual who are getting into the campus.The reservation is going to stay there.
I'd like to add a few more points ISB fees has increased to 42 lpa. IIM fees is about 23+5( the 5 is for exchange). But the opportunity cost is same since ISB is a one year programme. Infact a person who earns lets say 12 lpa is better off going to ISB(as he will work an extra one year post MBA and his net spend for ISB is 12+42= 54 and If he/she goes to IIM it becomes 12+12+28=52. So the net spend is pretty much same. Average package at IIM C this year was more than ISB( it was 34 lpa) Average workex at top IIMs is about 2 years so there is a balance of both freshers and experienced folks ISB has been doing way better than IIM ABC when it comes to product manager roles, similarly Finance roles are better at IIM ABC
Hi you are right. But the net spend for ISB in 2 yrs would be 12+42 - 25 = 29 L because you'll start earning from 2nd year , assuming you have got package of 25L. Meanwhile the 2yrs in IIMs , your net spend would be 12+12+28 - 2L(internship stipend) = 50L. So conclusion is that ISB saves 1 yr of opportunity cost.
Maam, a quick suggestion, please put the link to the videos you want us to check out in the suggestion box or in description, so that we can access them as soon as your current video ends.
Really like the content you put up, Shatakshi. Would be glad if you could cover dilemma of GMAT and CAT, and the right timelines to attempt them, thank you!
Mam inside iims we get more time for ourselves and to network. After 1st year we get more time to have fun & chill with buddies. Is it same in ISB as batch size is huge and duration is short. Does studying in isb is nostalgic like iims or time flies 💓
You have not included the caliber of students. The top rankers are usually the ones picking IIM over ISB. Notwithstanding other criteria mentioned for the placement salaries, it does go without saying the brand recognition of IIM far surpasses that of ISB. Is it a wonder, then that GOI hopes to open an IIM in almost every state viz a viz an ISB. That being said, I like your lucid clear narrative, and am glad I have started my journey from merchant navy towards an mba , by watching your videos.
You said avg. Work experience at ISB goes to 4.5 yrs and that is one of the key reasons for the high CTC. But what about the students who get into ISB via YLP and have a work ex of 2 yrs, Does they have lower CTC? And if someone has 2 yrs work ex, should that person look for MBA in IIMs or ISB? Which school can be the better choice?
For YLP guys they are selected by ISB beofre joining the workforce so the recruiter knows that the person is highle skilled, so YLP members get better opportunities and if possible the same company might sponsor their MBA and give them high promotions. coming to IIM vs ISB; ISB has bigger alumni network and modern teaching approach. IIM are only better iff you want to MBA without work-ex directly after your undergrad. Cheers
ISB will beat any Indian B school in terms of faculty. Most of them are researchers and they aren't just the best in India, they are some of the best in the world to put in perspective: even a few of the ex deans of the holy trinity teach at ISB. Infrastructure again it's subjective but it is at par if not better. Placements: all top B school placements are good because of the brand image these schools have ISB competes with A here. ISB's selection is not based on exam marks alone and that's why college accumulates the best profiles overall as compared to IIMs. ROI: ISB charges hefty fees it's 37 actually. but if you get the least package at the school. you would be in better ROI point than passing out of IIM now the program can at best be compared to 2 years programs at IIM ABC. LIK are not even comparable (no hard feelings it's probably harder to crack them through CAT) All this in a short span of time whereas ABC are already 50ish year old. (disclaimer: current student at ISB)
Which one is better between generalist consultant or specialist consultant? How difficult it would be to switch from specialist to generalist with 6 years of a particular sector experience?
Mam ,I think you should have a look at the average CTC of iims. It's more than 31 lakhs in 2022. Also you didn't mention the return on investment. On one hand IIMABC with 25 lakhs as fees gives you an average package of 31 lakhs whereas ISB on the other hand charges you 33 lakh for a package of 32 lakh .
it depends where you come from ISB fees is 37 if your current job pays 10 total becomes 47 after two years (one year of job) : 27 (with 20+ bare minimum package ) IIMs lets say with 25 LPA fee and 2 years job of 10 total becomes 45 after two years starting at job: 45
Product management is fad. Hard core MBAs go to finance and sales/marketing. SaaS companies only need SWEs which is a hard skill. Rest all others are support roles.
But iim ahemdabad more than good collage because in this collage very famous personality raghu ram rajan, ajay banga , chetan bhagat, shikha sharma, kv kaamath, also done mba in this collage
